4 ms·

Multiple HFT companies would be top 10 on that list.

• hermitdev 8y ago
  Except most, if nearly none, are not public companies listed on the S&P 500 (which the article was examining). Disclaimer: work in finance, have worked in HFT, don't currently.
• vostok 8y ago
  Neither of the two major publicly traded HFT firms would have made the top 10 if they were in the S&P 500. http://d18rn0p25nwr6d.cloudfront.net/CIK-0001592386/f7d31d31-5d43-40e4-b561-53ef6960dde6.pdf http://d18rn0p25nwr6d.cloudfront.net/CIK-0001592386/f7d31d31... https://www.flowtraders.com/system/files/downloads/Flow%20Traders%20Annual%20Report%202017.pdf https://www.flowtraders.com/system/files/downloads/Flow%20Tr... I can imagine some smaller firms making the list. Did you have any specific ones in mind?
  • dannyw 8y ago
    The most successful ones won't be publicly traded.
    • vostok 8y ago
      Ok. Optiver was under $1 million per person so wouldn't make the top 10. IMC likely would not have been in the top 10 either.
• osullivj 8y ago
  There's been a lot of consolidation in the HFT sector recently [1]. Back in 2008, when HFT was hot and new, a lot of money was made. But lower post crisis volatility and multiple HFT firms chasing the same opportunities has compressed margins. The party is over... [1] https://www.thetradenews.com/hft-not-so-flashy-anymore/ https://www.thetradenews.com/hft-not-so-flashy-anymore/
  • vostok 8y ago
    I may agree with some of what's written and I completely agree with the overall conclusion, but the writing seems to be pretty low effort. > Finally Two Sigma Securities, the market making arm of Chicago based quantitative hedge fund Two Sigma, will purchase the options trading business of Interactive Brokers.